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Tourism Japanese travellers reluctant to go overseas

thomas

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According to JTB, Japan's largest travel agency, Japanese still shy away from foreign trips months after reopening. JTB expects the number of outbound tourists this summer to amount to just 40% of 2019.



Japanese reticence to go overseas stands in marked contrast with many other regions, with Europeans and Americans quickly recovering their appetite for foreign travel once the pandemic came under control. Travel demand has also roared back in South Korea, with data from the country's tourism authority showing over 8 million residents went abroad in the first five months of this year. That is more than the around 6.5 million who travelled overseas in the whole of 2022.


Paywall alert:
 
I'd say that the weak yen is the main reason. One euro now buys nearly 160 yen, against only 115 in 2016 or 2020. So for Japanese tourists to Europe it's like prices increased by 40% compared to a few years ago. The USD has also increased by about 30 to 40% against the yen compared to its average of the last ten years till 2020.
 
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